Suspect arrested in Romania after major fraud against Arion Bank

AI Summary

A Romanian man has been arrested in Romania after being accused of committing a major fraud against Arion Bank, resulting in a financial loss of around ISK 160 million. The arrest follows a thorough investigation into the fraudulent activities.

A Romanian man has been arrested in his home country after approximately ISK 160 million was fraudulently taken from Arion Bank in late April.